[magila]

How is that any different from having money invested in stocks/real estate/etc today? Unrealized capital gains aren't taxed regardless of whether the asset is held by a corp or individual. In any case it's when the person realizes the gains that a taxable event is triggered.

[lordnacho]

The difference is it can be a realised gain that you'd then not pay tax on. Eg the Corp makes 100 in profits but at zero it doesn't pay out anything.

For unrealised gains you're right, there's no difference.

[magila]

Ok, but corp owner still can't benefit from the gain without generating a taxable event. Either they pull the money out directly or receive a benefit in kind. In either case it gets taxed as regular income so in that sense the person would actually be in a worse tax situation assuming capital gains is taxed at a reduced rate.

[3pt14159]

Most things that wealthy people want that has to be purchased with after tax dollars, like I don't know a flight to visit a family member, they can pay for just fine out of the pittance they pay themselves in salary.

The real trick they pull is making everything a company. A man building a model rocket at home? That's with after taxed dollars. A man building a rocket to the moon? That's a business. Goes for all sorts of things. At some point you have to say, no, corporations please pay tax as you make it.